Grancay, Martin; Grancay, Nora; Dudas, Tomas - In: Contemporary economics 9 (2015) 2, pp. 233-244
for economic growth. The authors developed an indicator of income level linked to the country’s exports they called EXPY … 2004 - 2013. We show that, in the aggregate, higher values of EXPY are connected with faster economic growth. However, the … between export sophistication and economic growth. As a result, we argue that EXPY is not a good predictor of future economic …